Tag Archives for " william bronchick "

Landlord Legal Issues

As a landlord, you should be aware of some of the legal issues related to leasing properties. Here are a few of them: LEAD-BASED PAINT DISCLOSURE Federal law requires that the lessor (landlord) of any rental property constructed before 1978 disclose the presence of any lead-based paint or hazards known by the lessor and provide […]

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What Can I Do if a Tenant Abandons My Property?

Have you ever had a tenant leave in the middle of the night or the middle of an eviction? Did you ever wonder what to do when the tenant abandons the property? Basically, when a tenant abandons the property, you do not need to file an eviction or wait for the sheriff. You can change the […]

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Master Lease Option for Apartment Building Strategy

Why buy an apartment building when you can RENT one?  If you are buying an apartment building with the intent of improving and flipping it within a few years, the Master Lease Option for Apartment Building Strategy may be the way to go.  Instead of going under contract, raising the down payment through syndication, and […]

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“Cutting Your Losses Early…Know When it’s Time to Bail on a Bad Deal”

When your primary plan of action doesn’t work, you need to have a backup strategy. This may involve switching gears from a retail sale to a rental or rent-to-own deal. It may also involve dropping your price, dropping your rent, or, if you are lucky enough to realize your mistake early, walking away from an […]

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Protecting Yourself From Identity Theft – Ultimate 7 Tips For Avoiding ID Theft

We all hate the idea of losing our identity. We all hate it even more if it turns out that it was stolen and is being used by someone else. So what can we do to prevent it? These 7 tips make a good starting point! The first thing you have to keep in mind to […]

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Dealing with Real Estate Agents

Real estate agents have a valuable source of potential deals for the real estate investor – the Multiple Listing Service. Unfortunately, real estate agents have a monopoly on this information in many parts of the country, so they may be a necessary part of an investor’s game plan. Dealing with real estate agents can be difficult […]

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Using Bird Dogs for Real Estate Investing by William Bronchick

Investment is the number one word for real estate. However, those who play a part in the investment will make a large difference in what is available to you. Whether you are working towards finding real estate property for profit or for your first home, knowing where the resources are and what they do can […]

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Lease Option vs Contract for Deed

Many investors are generally familiar with the concepts lease option and contract for deed (aka “installment land contract”). Many investors confuse the two, and this article will help you understand the tax, legal, and practical issues between a lease option vs contract for deed. Lease Options First, let’s start with the lease option, which is really two […]

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5 Great Reasons to Use Land Trusts

Do you own real estate in your own name or an LLC?  If so, you are a sitting duck for tenant lawsuits, the IRS and code enforcement.  Whether you own in your own name or an LLC, the information is public about who’s behind the ownership of your properties, and that makes it difficult to […]

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Happy Thanksgiving!

Happy Thanksgiving to everyone. Please spend time with family and friends and take a few minutes each day to think about the things you are trylu thankful for!

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